European Investment Bank

23 Heads of State to Attend Solar Summit on March 11

It will focus on various aspects of promoting solar energy in 121 countries associated with International Solar Alliance (ISA) like credit mechanism, crowd funding and sharing of technology breakthroughs. In a bid to promote solar energy, India and France will co-host the first International Solar Alliance (ISA) Summit on March 11 at Rashtrapati Bhavan’s Cultural Centre in […]

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EIB to Sign Loan Agreement with India for Renewable Energy Projects on March 10

The EIB claimed that it is the world biggest financier of climate action and clean energy projects. In 2017 the EIB financed EURO 19.6 billion of climate action projects, which is about 28 percent of its total financing. In a significant development, European Investment Bank (EIB) said it will ink an agreement on Saturday to […]

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Amplus Inks Pact with Yes Bank for Solar Power Projects

Rooftop solar energy company Amplus is also diversifying in new avenues such as battery storage, energy efficiencies, smart cities, and concentrated solar power technologies among others. Amplus Energy Solutions has signed an MoU with Indian private sector lender Yes Bank for a strategic tie-up to co-finance projects in the solar energy sector in the country. […]

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EIB Invests $150m to Fund Clean Energy Projects in Peru

The two projects are expected to be operational in the first six months of 2018 and will have a total installed capacity of 312MW The European Investment Bank (EIB) is going to invest $150m to the development and operation of a windfarm and photovoltaic (PV) solarpower project in Peru, a country in western South America. […]

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YES Bank, EIB to Invest $400mn in Indian Renewable Energy Sector

The new $400 million private sector renewable energy financing programme is divided into two components. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank. YES Bank and the European Investment Bank will jointly invest $400-million funding for renewable power generation in the country. “The new financing […]

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